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US Crypto Investor Awarded $75M In Fraud Suit

US Crypto Investor Awarded $75M In Fraud Suit
US Crypto Investor Awarded $75M In Fraud Suit
May 12, 2019  |  Security & Fraud

Michael Terpin, an entrepreneur based in the U.S. and an investor in cryptocurrency, won $75.8 million in a court judgment over a scheme to defraud...

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Redfin Testing Online Real Estate Bids
Redfin Testing Online Real Estate Bids
May 12, 2019  |  Real Estate

Redfin, the real estate company based in Seattle, is rolling out a new program that enables home buyers to bid on properties via its website....

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China’s BAIC Aims To Acquire 5 Pct. Of Daimler
China’s BAIC Aims To Acquire 5 Pct. Of Daimler
May 12, 2019  |  Investments

BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. Get the Full Story Complete the form to unlock this...

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Uber, Lyft Struggle To Keep Drivers On Board
Uber, Lyft Struggle To Keep Drivers On Board
May 12, 2019  |  Ridesharing

With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and...

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Have Consumers Fallen Out Of Love With Robots?
Have Consumers Fallen Out Of Love With Robots?
May 11, 2019  |  Innovation

We confess: We hate doing household chores, cooking and running errands – and we suspect you do, too. And the promise of a modern-day version of Rosie from...

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Jumia’s Shares Slide On Fraud Claims By Short Seller
Jumia’s Shares Slide On Fraud Claims By Short Seller
May 10, 2019  |  Investments

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on...

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Walmart Pivots On Brazil eCommerce Strategy
Walmart Pivots On Brazil eCommerce Strategy
May 10, 2019  |  International

Walmart Brasil has announced it will shutter its eCommerce division in Brazil and focus on physical stores, according to a report by Reuters. Get the...

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Uber CEO Disagrees With Elon Musk’s Robotaxi Prediction
Uber CEO Disagrees With Elon Musk’s Robotaxi Prediction
May 10, 2019  |  Ridesharing

Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of...

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Uber’s Bust(ed IPO) Of A First Day
Uber’s Bust(ed IPO) Of A First Day
May 10, 2019  |  Markets

Call it a less than auspicious beginning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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